back-end load

World English Dictionary
back-end load
the final charges of commission and expenses made by an investment trust, insurance policy, etc, when the investor is paid out
back-end loading

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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